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SALARY ACCOUNT
CA believes your monthly salary is one of the least important money numbers. Here's whyEarning a large salary does not automatically mean wealth. Chartered Accountant Nitin Kaushik explains that focusing on income alone is mis...
ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when neededEmployees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...
Rs 1.5 lakh salary, top tech job, big city. Why this Bengaluru professional ended the month with just Rs 15,000A Bengaluru chartered accountant shared a reality check on high salaries, detailing how a Rs 1.5 lakh monthly income for a fresh tech gradu...
A Rs 10,000 SIP can turn into lakhs. CA shares a simple financial fix that can add Rs 10 lakh to your wealthChartered Accountant Nitin Kaushik warns against 'lifestyle creep,' where salary hikes are absorbed by increased spending, hindering wealth...
From selling vegetables in Mumbai to studying 18 hours a day: An inspiring journey from struggles to owning a ₹1 crore home at 21Abhishek Vaishya's inspiring journey began at a Mumbai vegetable cart. He overcame humble beginnings in a small chawl to become a chartered...
She built an entire department by herself, then discovered a new hire would earn $30K more; what she did 'professionally' during an all-hands meeting left the company stunnedA workplace story shared on Reddit has gone viral after a woman who built an entire department reportedly used a company all-hands meeting ...
Two people earn Rs 40 lakh a year, but vastly different wealth. CA shares the hidden fact that separates wealthy from othersHigh salaries don't guarantee wealth; financial management is key. CA Nitin Kaushik highlights that individuals earning the same amount can...
'Mumbai takes it back quietly': Investment banker reveals Rs 1.3 lakh monthly expenses with no vacations, sparks debate on savingsAn investment banker in Mumbai revealed a monthly expenditure of Rs 1.3 lakh, excluding vacations, for basic living expenses in Worli. This...
8th Pay Commission calculator: How much arrears can Level 6-10 employees get at 2.0-2.86 fitment factorsThe 8th Pay Commission is consulting stakeholders before finalising its recommendations, while central government employees await clarity o...
Withdrawn your entire EPF balance after a job switch? You may still need to transfer service history to protect your pension under EPS 95Many salaried employees forget to transfer their Employees' Pension Scheme EPS service history when switching jobs. This is crucial even if...
Boss continues paying employee who quit to care for son, says 'don't worry about money'An employer offered unwavering support to an accountant who resigned to care for his critically ill son. The company continued his salary f...
Waiting for Form 16? Here’s when employers may issue it for AY 2026-27 ITR filingSalaried employees await Form 16 for Assessment Year 2026-2027. Employers must issue this crucial tax document by June 15, 2026. This form ...
Feeling empty: Employee reached the salary he once dreamed of, now he says life feels less exciting than when he earned Rs 25,000A corporate employee earning Rs 2.5 lakh monthly revealed feeling less excited about life than when making Rs 25,000, sparking a viral disc...
Bigger paycheck, but same financial anxiety? CA explains the 'comfortable poverty' trapHigh earners often face 'comfortable poverty' despite salary hikes, as lifestyle inflation erodes financial security. Chartered accountant ...
Why should these taxpayers avoid filing ITR before June 15th for AY 2026-2027Taxpayers are advised to delay filing their Income Tax Returns for AY 2026-2027 until after June 15th. This allows for the accurate updatio...
From Rs 2 lakh to Rs 57 lakh: KPMG employee shares how his salary jumped 26 times in 10 yearsAnirudh Rapole, a chartered accountant, shared his decade-long salary journey at KPMG. Starting with less than ₹2 lakh annually during his ...
Forget free food and WFH. Shark Tank India's Anupam Mittal wants companies to pay salary paid twice a month. He explains why it is importantAnupam Mittal, founder of Shaadi.com, recently urged a shift from the traditional next-month salary payment system. He argues that paying e...
'High salary is a comfortable trap’: CA explains why a big paycheck may not make you financially secureA high salary does not equate to true wealth. Chartered Accountant Nitin Kaushik highlights that relying solely on a paycheck creates a 'co...